Bank Of Ireland Share Discussion Threads

[cricklewood] 13/2/2014 16:35

Luvvly jubbly. WOW

[leebong] 13/2/2014 16:30

The MACD 90 day chart has swung into a buying cycle.

[leebong] 13/2/2014 16:30

The results are out during the first week of March according to the FT At this rate the share price could reach 35 cents prior to results; which promise to be very good.

[kemorkid] 13/2/2014 16:26

Thar she blows Captain.

[scottishfield] 13/2/2014 16:19

my goodness, this is looking v good.

[red army] 13/2/2014 16:10

Something going on here with buying taking place as we speak.

[kemorkid] 13/2/2014 16:09

With respect to funding, Mr Boucher said that is not an issue for the bank, and that "asset quality is not a drag".

Maybe results could be very exciting?
Nice little lift today.

KK

[docdave2] 13/2/2014 16:09

I'm guessing the results are coming out soon, looks like someone has them before everyone else!! Probably they will stall until Monday morning

[lukee2] 13/2/2014 15:17

New yearly high coming up

[cricklewood] 12/2/2014 18:29

Ireland "probably" needs more than two banks in the economy, Bank of Ireland chief executive Richie Boucher said this morning.

Speaking to delegates at IBEC's CEO conference in The Convention Centre, Mr Boucher said that while there may be an argument for having more banks open for business now, "in the early 2000s we had too many banks".

Referring to ongong cost cutting programmes at the bank, Mr Boucher noted that investments are still being made, and that the bank couldn't cut its "way to glory".

With respect to funding, Mr Boucher said that is not an issue for the bank, and that "asset quality is not a drag".

Meanwhile, responding to a live comment blog on www.guardian.com this morning, Ross McEwan, newly appointed chief executive of Royal Bank of Scotland (RBS) which operates Ulster Bank in Ireland, said that issues with its technology which led to difficulties for its customers, particularly in Ireland, were "totally unacceptable".

"We are spending in excess of £450 million to ensure our core banking systems are fit for purpose and I will spend as much as I need to to keep them up for our customers."

On the issue of whether or not the bank is lending, Mr McEwan said, "prior to the financial crisis we lent to many businesses that in hindsight we should never have lent to. We've spent years recovering from this position and are very much open for business with plenty of money to lend. But this time let's make it safe for everybody."







Wed, Feb 12, 2014, 15:29



First published:
Wed, Feb 12, 2014, 13:51

[leebong] 12/2/2014 16:04

The CEO said that the bank has no funding problems and continues to invest...read the Irish Times article...very interesting about Irish banking.

[cricklewood] 12/2/2014 15:21

Breaking out or trying to ?

[bongo bwana] 08/2/2014 12:45

The implications of what may materialise is unexpected

[kulvinder] 08/2/2014 10:55

This needs to consolidate above 30 cents, I think then we will see further upward movement with the Irish gradually coming out of recession, 60 cents by the end of the year baring nothing bad coming out that is un-expected.

[hvs] 07/2/2014 16:51

IRISH BAKNERS are they CROOKS ?

[kemorkid] 07/2/2014 16:51

3rd of March then-hopefully good news.

[leebong] 07/2/2014 16:43

Compared to last year the EOY results are delayed. Once released the business profile and outlook should improve. Fitch reported last December that they expected BOI to swing into profit by the summer and announce a start to dividend payments so the 2013 financial results are an important milestone in that process.

[leebong] 07/2/2014 15:32

KK next week is going to be a lot of fun and possibly a re-gearing for the stock.
Let's wait and see if the fireworks start...it certainly looks promising.

[leebong] 06/2/2014 13:26

Stabilisation period expected to end no later than: 07/02/2014

[cruiser70] 04/2/2014 14:29

Red to Green, always good to be seen.

[docdave2] 03/2/2014 14:30

Agreed looks like a double top, all eyes on America and seeing how it finishes today